• COVID-19
  • Opinion
  • Health IT
    • Care Coordination
    • EMR/EHR
    • Interoperability
    • Patient Engagement
    • Population Health Management
    • Revenue Cycle Management
    • Social Determinants of Health
  • Digital Health
    • Artificial Intelligence
    • Blockchain
    • Mobile Health
    • Precision Medicine
    • Telehealth
    • Wearables
  • Startups
  • M&A
  • Value-based Care
    • Accountable Care (ACOs)
    • Medicare Advantage

M&A: Central Logic Acquires Patient Care Transition Platform Ensocare

by Fred Pennic 11/17/2020 Leave a Comment

M&A: Central Logic Acquires Patient Care Transition Platform Ensocare

What You Should Know:

– Central Logic has acquired Omaha-based Ensocare, which automates the referral process for patients from hospital to post-acute care (PAC) when they are being discharged.

– This acquisition means that Central Logic’s technology solution will now expand its reach across the care continuum, from acute to post-acute care—into, through and out of the health system. This combined capability is key to increasing patient satisfaction while also increasing patient census by ensuring beds are available when they are needed by new patients.


Central Logic, the leading healthcare access and orchestration company, announced today that it has acquired Omaha-based Ensocare, which automates the inpatient referral process to post-acute care (PAC). Central Logic’s health system technology solution currently focuses on referrals and transfers into a health system by uniting all available provider, facility and transportation resources. Financial details of the acquisition were not disclosed.

Making Care Transition More Efficient

About 40% of Medicare beneficiaries are discharged from the hospital to post-acute facilities. With a large aging population, U.S. health systems face growing pressures to improve care access and streamline transitions of care to optimize patient outcomes, increase operating margins, and control costs. 

Founded in 1999, Ensocare provides hospitals and post-acute care providers software and proactive support to manage patient transitions of care, improve efficiency in the referral management process and streamline communication between healthcare organizations. Backed by live, 24/7 customer support and tapping into the nation’s largest no-cost post-acute care network, we’ll help you lower costs, enhance patient satisfaction and increase profitability by automating workflows and eliminating inefficient systems.

Acquisition Expands Central Logic’s Solutions to Post-Acute Care

The acquisition of Ensocare expands Central Logic’s solution to include successful transitions out of hospitals to post-acute care settings—including skilled nursing and rehabilitation facilities, long-term acute care centers, and even the home—by tapping into Ensocare’s active, curated network of more than 50,000 PAC providers nationwide. Placement confirmations are secured on average within 30 minutes.

In light of the Ensocare acquisition, Central Logic becomes the only solution in the market that provides region-wide acute care transfer, transport and post-acute care transfer capabilities in one platform, enabling health systems to more cohesively operate as one.

Private Equity firm Rubicon Technology partners, a leading private equity firm based in Boulder, Colo., made a strategic majority investment in Central Logic in June, with a commitment to accelerating growth. Two weeks before Rubicon’s majority investment in Central Logic, the PE firm announced a new $1.25 billion fund that exceeded the fund target of $850 million in less than 6 months. The Ensocare acquisition marks the first major milestone in Central Logic’s growth trajectory that Rubicon committed to when making its strategic majority investment in the company earlier this year.

Expanded Footprint

Central Logic’s technology will now span 800 hospitals and health systems, covering 150,000 providers and more than 5 million patients—representing 14% of U.S. annual inpatient visits. he company now employs 125 team members and will continue to operate Ensocare’s Omaha, Neb., location, as well as existing Central Logic offices in St. Paul, Minn., and Sandy, Utah.

“This strategic acquisition means that our solutions will now span the care continuum from acute to post-acute care, which will improve transitions into, through and out of the health system, creating true ‘systemness’ for our clients,” said Angie Franks, CEO of Central Logic. “By operating as one, health systems can offer a more seamless experience for their patients across all acuity levels while enabling providers to stay connected and strengthening the relationships with PAC providers in their communities.”

Our fully integrated solution will provide visibility and access to data that ensures hospital beds are freed in a timely manner when inpatient care is no longer necessary. This decreases length of stay and increases throughput,” Franks said. “Further, this kind of efficient orchestration and navigation creates bed availability and access for incoming patients, creates more time for clinicians to operate at the top of their license and elevates revenue capture and reduction of system leakage.”

Central Logic’s existing solutions already deliver 10x ROI to health system clients in the first year, and Franks says that clients that expand their engagement to include the acute to post-acute orchestration and access solution will see even greater results. “This is more important now than ever as health systems across the country implement the necessary controls and programs to rebuild operating margin deficits due to COVID-19,” Franks added.

RELATED:   NeuroFlow Secures $20M for Tech-Enabled Behavioral Health Integration Platform

Tagged With: Acute Care, Care Coordination, Central Logic, Health Systems, Healthcare Mergers & Acquisitions, medicare, Partners, Patient Care, Patient Satisfaction, post-acute care, Private Equity

[ultimatesocial networks="facebook,twitter,google,linkedin,mail" url="" custom_class="us-posts-bottom" align="left" count="false"]

Get in-depth healthcare technology analysis and commentary delivered straight to your email weekly

« How COVID-19 Has Revealed Healthcare’s Blockchain Use Cases
Volaris Group Acquires Clinical Workforce & Workflow Platform medaptus »

Subscribe to HIT Consultant

Latest insightful articles delivered straight to your inbox weekly.

Submit a Tip or Pitch

Recent Articles

  • CVS Health Launches Senior Medical Alert System, Symphony

    CVS Health Launches Senior Medical Alert System, Symphony

    ... more
  • Amalgam Rx Acquires Clinical Decision Support Platform Avhana Health

    Amalgam Rx Acquires Clinical Decision Support Platform Avhana Health – M&A

    ... more
  • 20 COVID-19 Predictions and Trends for 2021 - Executive Roundup

    MEDITECH Launches Quick Vaccination Solution to Streamline COVID-19 Vaccination Process

    ... more
  • Heritage Group

    Healthcare PE Firm Heritage Group Launches $300M Health Tech Fund

    ... more

Most Read

  • 30 Executives Share Top Healthcare Predictions & Trends to Watch in 2021 30 Executives Share Top Healthcare Predictions & Trends to Watch in 2021
  • 20 COVID-19 Predictions and Trends for 2021 - Executive Roundup 20 COVID-19 Predictions and Trends for 2021 – Executive Roundup
  • Heritage Group Healthcare PE Firm Heritage Group Launches $300M Health Tech Fund
  • 16 COVID-19 Predictions and Trends for 2021 Executive Roundup 12-Available-COVID-19-Vaccine-Management-Solutions-to-Know-In-Depth-1 17 Recently Launched COVID-19 Vaccine Management Solutions to Know
  • CVS Health Launches Senior Medical Alert System, Symphony CVS Health Launches Senior Medical Alert System, Symphony
  • FDA Approves COVID-19 Oral Fluid Test for Use Nationwide In-Depth: 32 FDA-Approved COVID-19 Testing Kits
  • Provider Strategies for Mitigating Telehealth Fraud & Abuse in 2021 Provider Strategies for Mitigating Telehealth Fraud & Abuse in 2021
  • 5G in Healthcare: 7 Advantages & Disadvantages for Providers to Know 5G in Healthcare: 7 Advantages & Disadvantages for Providers to Know
  • Healthcare Breach Report 2016 6 Ways Health Informatics Is Transforming Health Care
  • Fundamental Surgery Becomes First VR Surgical Training Simulation to Gain CPD Accreditation 18 Healthcare Augmented Reality and Virtual Reality Companies to Watch

Company

  • About Us
  • Advertise with Us
  • Reprints and Permissions
  • 2020 Editorial Calendar
  • Submit An Op-Ed
  • Contact
  • Subscribe

Editorial Coverage

  • Opinion
  • Health IT
    • Care Coordination
    • EMR/EHR
    • Interoperability
    • Population Health Management
    • Revenue Cycle Management
  • Digital Health
    • Artificial Intelligence
    • Blockchain Tech
    • Precision Medicine
    • Telehealth
    • Wearables
  • Startups
  • Value-Based Care
    • Accountable Care
    • Medicare Advantage

Connect

Subscribe to HIT Consultant Media

Latest insightful articles delivered straight to your inbox weekly

Copyright © 2021. HIT Consultant Media. All Rights Reserved. Privacy Policy |